I am planning to launch a decentralized exchange and am looking for suitable software. I am interested in what technologies are used in modern DEX and which solutions are better to choose in terms of security, scalability and user-friendliness?
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Thanks to everyone who recommended the article! It was really informative and helped me understand the technical aspects of creating decentralized exchanges. Previously, I had many questions about the mechanics of DEX, but after reading the material, everything fell into place. Excellent resource, glad I trusted your advice!
DEX security is a key factor in user trust. Merehead recommends several mandatory measures to protect the exchange. First, it is necessary to audit smart contracts with independent companies such as CertiK or SlowMist. Second decentralized crypto exchange software, it is important to implement protection against frontrunning and bots, for example, through mechanisms for temporary delay of transaction execution. Third, Merehead advises integrating multi-signature to manage critical functions of the platform. This will prevent hacking and theft of funds, and also ensure a high level of trust in the project.